NYSE:ZWS

Zurn Elkay Water Solutions (ZWS) Stock Price, News & Analysis

$31.70
-0.18 (-0.56%)
(As of 04/26/2024 ET)
Today's Range
$31.67
$32.34
50-Day Range
$30.97
$33.47
52-Week Range
$20.06
$34.58
Volume
1.04 million shs
Average Volume
902,547 shs
Market Capitalization
$5.47 billion
P/E Ratio
44.65
Dividend Yield
1.01%
Price Target
$33.50

Zurn Elkay Water Solutions MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
5.7% Upside
$33.50 Price Target
Short Interest
Healthy
3.57% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.64mentions of Zurn Elkay Water Solutions in the last 14 days
Based on 33 Articles This Week
Insider Trading
Selling Shares
$23.96 M Sold Last Quarter
Proj. Earnings Growth
11.97%
From $1.17 to $1.31 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.33 out of 5 stars

Industrial Products Sector

122nd out of 162 stocks

General Industrial Machinery & Equipment Industry

6th out of 8 stocks

ZWS stock logo

About Zurn Elkay Water Solutions Stock (NYSE:ZWS)

Zurn Elkay Water Solutions Corporation engages in design, procurement, manufacture, and marketing of water management solutions in the United States, Canada, and internationally. It offers water safety and control products, such as backflow preventers, fire system valves, pressure reducing valves, thermostatic mixing valves, PEX pipings, fittings, and installation tools under the Zurn and Wilkins brand names. The company also provides flow systems products comprising point drains, hydrants, fixture carrier systems, chemical drainage systems; and interceptors and separators, acid neutralization systems, and remote monitoring systems under the Zurn and Green Turtle brands. In addition, it develops, manufactures, and markets remote tank monitoring devices, alarms, software, and services. Further, the company offers sensor-operated flush valves under the AquaSense, Aquaflush, and AquaVantage brands; heavy-duty commercial faucets under the AquaSpec brand; water conserving fixtures under the EcoVantage and Zurn One brands; stainless steel products under the Just Manufacturing brand name, which include stainless steel sinks and plumbing fixtures, and various types of sinks, as well as drinking water dispensing and filtration products under the Elkay and Halsey Taylor brands. It distributes to institutional, commercial, waterworks, and residential end markets through independent sales representatives, plumbing wholesalers, and industry-specific distributors in the waterworks, foodservice, industrial, janitorial, sanitation, and sitework industries. The company was formerly known as Zurn Water Solutions Corporation and changed its name to Zurn Elkay Water Solutions Corporation in July 2022. Zurn Elkay Water Solutions Corporation was incorporated in 1892 and is headquartered in Milwaukee, Wisconsin.

ZWS Stock Price History

ZWS Stock News Headlines

The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
Massive Insider Trade At Zurn Elkay Water
Evaluating Zurn Elkay Water: Insights From 4 Financial Analysts
See More Headlines
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Company Calendar

Ex-Dividend for 3/7 Dividend
2/16/2024
Dividend Payable
3/07/2024
Last Earnings
4/23/2024
Today
4/27/2024
Next Earnings (Estimated)
7/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
General industrial machinery & equipment
Sub-Industry
N/A
Employees
2,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$33.50
High Stock Price Target
$40.00
Low Stock Price Target
$29.00
Potential Upside/Downside
+5.7%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$112.70 million
Pretax Margin
10.32%

Debt

Sales & Book Value

Annual Sales
$1.53 billion
Cash Flow
$1.50 per share
Book Value
$9.35 per share

Miscellaneous

Free Float
166,135,000
Market Cap
$5.47 billion
Optionable
Optionable
Beta
1.22
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ZWS Stock Analysis - Frequently Asked Questions

Should I buy or sell Zurn Elkay Water Solutions stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zurn Elkay Water Solutions in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ZWS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ZWS, but not buy additional shares or sell existing shares.
View ZWS analyst ratings
or view top-rated stocks.

What is Zurn Elkay Water Solutions' stock price target for 2024?

8 brokers have issued 12 month price objectives for Zurn Elkay Water Solutions' shares. Their ZWS share price targets range from $29.00 to $40.00. On average, they expect the company's share price to reach $33.50 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price.
View analysts price targets for ZWS
or view top-rated stocks among Wall Street analysts.

How have ZWS shares performed in 2024?

Zurn Elkay Water Solutions' stock was trading at $29.41 at the beginning of 2024. Since then, ZWS stock has increased by 7.8% and is now trading at $31.70.
View the best growth stocks for 2024 here
.

When is Zurn Elkay Water Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024.
View our ZWS earnings forecast
.

How were Zurn Elkay Water Solutions' earnings last quarter?

Zurn Elkay Water Solutions Co. (NYSE:ZWS) issued its quarterly earnings data on Tuesday, April, 23rd. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.03. The company earned $374 million during the quarter, compared to analysts' expectations of $369.43 million. Zurn Elkay Water Solutions had a net margin of 8.11% and a trailing twelve-month return on equity of 11.85%. Zurn Elkay Water Solutions's revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.18 earnings per share.

How often does Zurn Elkay Water Solutions pay dividends? What is the dividend yield for Zurn Elkay Water Solutions?

Zurn Elkay Water Solutions announced a quarterly dividend on Thursday, February 1st. Investors of record on Tuesday, February 20th will be given a dividend of $0.08 per share on Thursday, March 7th. This represents a $0.32 annualized dividend and a dividend yield of 1.01%. The ex-dividend date is Friday, February 16th.
Read our dividend analysis for ZWS
.

Is Zurn Elkay Water Solutions a good dividend stock?

Zurn Elkay Water Solutions (NYSE:ZWS) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.00%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ZWS will have a dividend payout ratio of 24.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ZWS.

Who are Zurn Elkay Water Solutions' major shareholders?

Zurn Elkay Water Solutions' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Raymond James & Associates (0.76%), Allspring Global Investments Holdings LLC (0.40%), Perpetual Ltd (0.10%), Zurcher Kantonalbank Zurich Cantonalbank (0.07%), Los Angeles Capital Management LLC (0.02%) and Simplicity Wealth LLC (0.01%). Insiders that own company stock include Chirag Dua, Craig Wehr, Ice Mountain Llc, Jacques Donavon Butler, Jeffrey A Schoon, Mark W Peterson, Michael Troutman, Patricia M Whaley, Rodney Jackson, Sudhanshu Chhabra, Thomas Christopoul, Timothy J Jahnke and Todd A Adams.
View institutional ownership trends
.

How do I buy shares of Zurn Elkay Water Solutions?

Shares of ZWS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ZWS) was last updated on 4/28/2024 by MarketBeat.com Staff

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